It is hereby declared a menace to the public safety and a nuisance for any person to cause or permit:
(A) Petroleum Products: The accumulation or storage, within one hundred (100) yards of any building occupied as a residence or business, other than a licensed gasoline service station, of any petroleum, naphtha, benzine, coal oil, gasoline, kerosene, turpentine or other petroleum products or inflammable substances of any kind, in quantities greater than fifty (50) gallons; or
(B) Explosives: The deposit, accumulation, storage or presence, within one hundred (100) yards of any building occupied as a residence or business, of any powder magazine, nitroglycerine, dynamite or other explosive substance of any kind. (1972 Code)