Complex sentence: Headquartered in Lima, Peru, it can be considered one of the oldest seminaries on the American continent; it was founded on December 7,1590, by Archbishop Toribio de Mogrovejo.
Split into simpler sentences: Headquartered in Lima, Peru, it can be considered one of the oldest seminaries on the American continent. The Seminary of Lima was founded on December 7,1590, by Archbishop Toribio de Mogrovejo.