MDI Form Question

Ok, im fiddling with mdi forms and I cant quite figure somethings out.

Ive googled and none of my books shows this example either. Im wondering if
it is even possible.
If you have a google link - ill teach myself, i just need to know what to
search for for this case.

1. Lets say I create an MDI parent form and in the bottom corner I put
Picturebox.
and i docked it to the bottom right of the form.

So basically my MDI form looks like this:

------------------------------
| |
| |
| |
| |
| picture |
-------------------------------

The problem Im having is that when I load a new Form as an MDI Child form
( newform.MDIParent = Me )
That form is actaully being painted behind the picture.
How can I get the Picture to be almost like a backround or like a little
picture that is attached to the MDI form, but is always inbehind of
everything else?
It almost seems that anything you attach to an MDI Parent form becomes
always "TOPMOST"


Thanks,

Miro