Complex sentence: Rhodes College was founded in 1848 in Clarksville, Tennessee as the Masonic University of Tennessee (and briefly as Montgomery Masonic College), the Institution was renamed Stewart College in 1850 in honor of its president, William M. Stewart.
Split into simpler sentences: Rhodes College was founded in 1848 in Clarksville, Tennessee. Originally known as the Masonic University of Tennessee (and briefly as Montgomery Masonic College), the Institution was renamed Stewart College in 1850 in honor of its president, William M. Stewart.