Simplify the following text for a Grade 9 native English-speaking person.
Original: Linnaeus ' botanical and zoological collections were purchased in 1783 by Sir James Edward Smith , the first President of the society , and are now held in London by the society .
Simplified: Linnaeus ' botanical and zoological collections were bought in 1783 by Sir James Edward Smith , the first President of the society . They are held in London by the Society .