§ 1-86 NAME OF SYSTEM.
   The system heretofore established for the purpose of providing pension retirement allowances and other benefits for police officers, their wives and children, shall continue to be designated and known as the “Police Pension and Retirement System of the City of Guthrie,” and all of its business transacted, all of its funds handled and all of its cash and securities and other party be held.
(`90 Code, § 1-33)