Referring to this Dr. Norman Park wrote:

"These writers made short shrift of the claim that elders have the authority to 'rule.' They knew the history of the 1611 version and the determination of King James to confer on both bishop and king the divine right to rule: 'No bishop, no king.' Hence his demand that the Greek word proistmi be rendered 'rule,' though it actually carried no connotation of authority, power, or governance. It merely meant that elders should be 'foremost' in zeal, knowledge, quality of life, and concern for the welfare of the church - a quality which rightfully should be embodied in all saints. In a very real sense, then, 'ruling' was not the preserve of the few, but the duty of all." (Dr. Norman Park "It Shall Not Be So Among You")

Inside the truth  of the matter