Also called the Burnt Column, it was charred and cracked by a great fire that ravaged the district in 1770 (the iron hoops help to reinforce the column).
The Burnt Column was not named because of a fire.  
mnli hypothesis: The Burnt Column was not named because of a fire.   premise: Also called the Burnt Column, it was charred and cracked by a great fire that ravaged the district in 1770 (the iron hoops help to reinforce the column).