Complex sentence: The Bancroft Library, located at the University of California, Berkeley, was founded in 1905 with the acquisition of Hubert Howe Bancroft's collection and named in his honor.
Split into simpler sentences: The Bancroft Library is a library at the University of California, Berkeley. It was founded in 1905 with the acquisition of Hubert Howe Bancroft's collection and was named in his honor.