Hypertext Webster Gateway: "Preside"
From Webster's Revised Unabridged Dictionary (1913) (web1913)
Preside \Pre*side"\, v. i. [imp. & p. p. {Presided}; p. pr. &
vb. n. {Presiding}.] [L. praesidere; prae before + sedere to
sit: cf. F. pr['e]sider. See {Sit}.]
1. To be set, or to sit, in the place of authority; to occupy
the place of president, chairman, moderator, director,
etc.; to direct, control, and regulate, as chief officer;
as, to preside at a public meeting; to preside over the
senate.
2. To exercise superintendence; to watch over.
Some o'er the public magazines preside. --Dryden.
From WordNet (r) 1.7 (wn)
preside
v : act as president: "preside over companies and corporations"
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