Complex sentence: Baltimore investors, Waters and Company, incorporated the Surry Lumber Company in 1885, and in 1886 incorporated the Surry, Sussex and Southampton Railway, which delivered lumber to Scotland wharf on the James River (now the Jamestown Ferry terminal).
Split into simpler sentences: Baltimore investors, Waters and Company, incorporated the Surry Lumber Company in 1885. In 1886 it incorporated the Surry, Sussex and Southampton Railway, which delivered lumber to Scotland wharf on the James River (now the Jamestown Ferry terminal).