This is simply how we do the song at my church.  I don't think I've ever actually 
heard the song done by Point of Grace, so I'm sorry if this is horribly 
inaccurate.  I just can't find the chords anywhere so I wrote them out myself.  It works for us.

One King
Point of Grace

Verse 1:
Am (x02210@1)                GKings (320003@1)of earth on a course unknown
Am (x02210@1)                EmBearing (022000@1)gifts from afar
Am (x02210@1)   GHoping (320003@1)praying
Am (x02210@1)             EFollowing (022100@1)yonder star

Am (x02210@1)             GSilhouette (320003@1)of a caravan
Am (x02210@1)               EmPainted (022000@1)against the sky
D (xx0232@1)      DmWise (xx0231@1)men searching
F (133211@1)     G (320003@1)  AmFor (x02210@1)the holy child

Chorus:
C (x32010@1)               G/BOne (143121@7)king held the frankincense
Am (x02210@1)              EOne (022100@1)king held the myrrh
C (x32010@1)               G (320003@1)   EmOne (022000@1)king held the purest gold
Dm (xx0231@1)     G (320003@1)      E (022100@1)         AmOne (x02210@1)King held the hope of the world

Verse 2:
Am (x02210@1)              GA (320003@1)star hangs over Bethlehem
Am (x02210@1)                  EmA (022000@1)journey ends in the night
Am (x02210@1)        GThree (320003@1)kings trembling
Am (x02210@1)                EBehold (022100@1)the glorious sight

Am (x02210@1)               GHeaven's (320003@1)treasure Emmanuel
Am (x02210@1)               EmDrawing (022000@1)men to bow down
D (xx0232@1)  Dm (xx0231@1) F (133211@1)     G (320003@1)    AmTiny (x02210@1)baby born to wear a crown