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From: Webster's Revised Unabridged Dictionary (1913)

 Pro·ceed·ing, n.
 1. The act of one who proceeds, or who prosecutes a design or transaction; progress or movement from one thing to another; a measure or step taken in a course of business; a transaction; as, an illegal proceeding; a cautious or a violent proceeding.
    The proceedings of the high commission.   --Macaulay.
 2. pl. Law The course of procedure in the prosecution of an action at law.
 Proceedings of a society, the published record of its action, or of things done at its meetings.
 Syn: -- Procedure; measure; step, See Transaction.