Definition of treasurer for English Language Learners. : someone who is officially in charge of the money that is taken in and paid out by a government, business, organization, etc.
On Aug. 27, 1955, an explosion at the Standard Oil refinery in Whiting, Ind., destroyed much of the plant and dozens of homes. The explosion occurred in a âhydroformer,â a 26-story-high tank used to convert low-octane gasoline into high-octane gasoline at what is now a BP refinery.
A turning point in the life of Whiting came in 1955 when an explosion started a fire at the plant so massive that it could be seen from downtown Chicago. The damage caused the company to modernize the facility in a way that reduced the demand for employees and led to layoffs in the early 1960s.