Complex sentence: D. Fahnestock's son Harry Fahnestock was elected president of the exchange in 1917, and on June 4,1928, Fahnestock was re-elected for the eleventh consecutive term.
Split into simpler sentences: D. Fahnestock's son Harry Fahnestock was elected president of the exchange in 1917. On June 4,1928, Fahnestock was re-elected for the eleventh consecutive term.