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.
It is now thirty-two years since Mr. Rockefeller applied the fruitful idea of the South Improvement Company to the Standard Oil Company of Ohio, a prosperous oil refinery of Cleveland, with a capital of 41,000,000 and a daily capacity for handling 1,500 barrels of crude oil.