Complex sentence: Elwood City was founded in 1903 by Jacob Katzenellenbogan although he had originally intended the town to be called "Elmwood" but someone misspelled it and the corrupted name stuck.
Split into simpler sentences: Elwood City was founded in 1903 by Jacob Katzenellenbogan. He had originally intended the town to be called "Elmwood" but someone misspelled it and the corrupted name stuck.