This chapter is a local law regulating and restricting the height, number of stories and size of buildings and other structures, the percentage of lot that may be occupied, the size of yards, courts and other open spaces, the density of population, and the location and use of buildings, structures and land for trade, industry, residence or other purposes, in the Town of Montgomery outside the limits of any incorporated village; and for said purposes dividing the Town outside such limits into districts; and providing fines and penalties for the violation of its provisions.