(a) “Business district” means the territory contiguous to and including a highway when fifty percent (50%) or more of the frontage thereon for a distance of 300 feet or more is occupied by buildings in use for business.
(b) “Residence district” means the territory contiguous to and including a highway not comprising a business district when the property on such highway for a distance of 300 feet or more is in the main improved with residences or residences and buildings in use for business.
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