British official who is custodian of the great seal and a cabinet minister. Until the 14th century the chancellor served as royal chaplain and king's secretary. The office acquired a more judicial character in the reign of Edward III (1327–77). Most of the office's power, exemplified in the administrations of St. Thomas Becket (died 1170) and Thomas Cardinal Wolsey (died 1530), ceased to exist centuries ago. The lord chancellor, however, remained an important post, with responsibilities that included heading the judiciary and serving as speaker of the House of Lords. As Lords speaker, the chancellor stated the question and took part in debates. In 2006 the office's role was redefined through several constitutional reforms. The lord chancellor lost most judicial functions, and the Lords speaker became an elected office. The changes allowed the lord chancellor to focus on constitutional affairs.
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In western Europe, the h1 of holders of numerous offices of varying importance, ultimately political in nature. The prime ministers of Germany and Austria are called chancellors. In Britain the chancellor of the Exchequer is the cabinet member in charge of finance. In the U.S. the h1 is used mainly for the chief administrators of universities.
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Chancellor is located at (43.372382, -96.987761).
According to the United States Census Bureau, the town has a total area of 0.2 square miles (0.6 km²), all of it land.
Chancellor has been assigned the ZIP code 57015 and the FIPS place code 11380.
There were 134 households out of which 35.1% had children under the age of 18 living with them, 56.0% were married couples living together, 8.2% had a female householder with no husband present, and 33.6% were non-families. 32.1% of all households were made up of individuals and 15.7% had someone living alone who was 65 years of age or older. The average household size was 2.45 and the average family size was 3.07.
In the town the population was spread out with 26.8% under the age of 18, 9.1% from 18 to 24, 28.7% from 25 to 44, 18.0% from 45 to 64, and 17.4% who were 65 years of age or older. The median age was 32 years. For every 100 females there were 90.7 males. For every 100 females age 18 and over, there were 92.0 males.
The median income for a household in the town was $30,500, and the median income for a family was $42,250. Males had a median income of $22,750 versus $19,167 for females. The per capita income for the town was $18,156. None of the families and 4.2% of the population were living below the poverty line, including no under eighteens and 11.8% of those over 64.