Complex sentence: Prior to 1886, the Annapolis & Elkridge was sold at auction, reorganized on March 24,1886 rechartered as the Annapolis, Washington & Baltimore Railroad (AW&B).
Split into simpler sentences: Prior to 1886, the Annapolis & Elkridge was sold at auction. It was reorganized on March 24,1886 and rechartered as the Annapolis, Washington & Baltimore Railroad (AW&B).