As used in this chapter, the following terms shall have the meanings indicated:
Includes any motor vehicle used in the business of transporting persons for hire from or to points within the Borough of Hopatcong, including vehicles hired by charter or special contract, whether the fare or price is agreed upon in advance or not. This term includes any commercial vehicle known as an "autocab" or a "limousine" and all vehicles used in a livery service. Nothing in this chapter shall be construed to include taxicabs, hotel buses or buses employed solely in transporting school children or teachers or autobuses which are subject to the jurisdiction of the Board of Public Utilities or interstate autobuses required by federal or state law or rules of the Board of Public Utilities to carry insurance against loss from liability imposed by law on account of bodily injury or death.