Complex sentence: Keenan, book When the IC@E and the LT interurbans were close to bankruptcy in 1929, he arranged for the CH&D to acquire them, and the three combined lines incorporated as the Cincinnati and Lake Erie Railroad in Januray, 1930.
Split into simpler sentences: Keenan, book When the Indiana, Columbus, and Eastern and the Lima-Toledo interurbans were close to bankruptcy in 1929, he arranged for the CH&D to acquire them. The three combined lines incorporated as the Cincinnati and Lake Erie Railroad in January, 1930.