This figure was expected to have increased considerably in 1994 following record profits. The great bulk of the foundation's resources comes from dividends from the bank - out of total income of £8.7m in 1991, £7m came from Barings, with the rest generated by its own investments. Many leading members of the Baring family are active trustees.As of last autumn the trustees were: Lord Ashburton (formerly Sir John Baring); Nicolas Baring, Tessa Baring, RD Broadley; Lord Howick; Lady Lloyd; Lord Adrian; MJ Rivett-Carnac; Sir Ashley Ponsonby; Sir Crispin Tickell; and Martin Findlay.The foundation has a high profile in the charity world and is considered a progressive institution, according to the Guide to Major Trusts. It was one of the first of its kind to publish full annual reports on its policies, in sharp contrast to the secretive operations of most City charities. It has taken a lead in trying to direct more of its grants towards the provinces and away from the more-favoured areas of London and the South- east It has also taken on expert staff.. It was a bright crisp day in the City of London yesterday but there was precious little sunshine at Barings' Bishopsgate h ead offices as the stricken bank adopted a siege mentality. Many of the bank's staff cut short their weekend to report for duty but few were prepared to comment on the crisis or the negotiations inside.Tight-lipped employees, some dressed in City suits, others in casual weekend attire, hurried in through the front entrance and left grim-faced via the rear."People are just coming in to see what they can do," one said. Asked to comment on the atmosphere inside, he said, "I couldn't say."Another said she would have come in for work that Sunday anyway.

"Barings is a good employer, people like working for them."One woman arrived at the offices unaware of the bank's precarious position. She was seen, head in hands, discovering the news in the day's papers.The head office is a sleek 20-storey building and a model of City discretion. It does not even feature the name of the company outside.Normally the premises would be deserted on a Sunday but yesterday saw bank staff, lawyers and computer specialists coming in to lend a hand.Outside two chauffeur-driven Mercedes were parked all day, engines running ready to ferry directors to the Bank of England in Threadneedle Street just around the corner. At 5pm the drivers ordered pizzas, obviously expecting a long night. ahead.At 6pm there was a flurry of activity as a group of executives walked hurriedly to the limousines and waiting taxis.At the rear, the bad news for the bank continued. In their rush to lend a hand in the crisis, many staff had parked their cars on double yellow lines.The attendants were handing out tickets.. Wellcome has denied that Barings' troubles will hinder its financial advisers' hunt for a white knight to help the drugs group to fight off the hostile, £9.5bn bid from Glaxo, writes Martin Flanagan.

A Wellcome spokesman said that Barings' 11-strong corporate finance team, headed by James Lupton, was not involved in any way with the rescue negotiations for the merchant bank. The spokesman said: "Corporate finance is one of the jewels in Barings' crown and a decision has been taken by the bank that the team advising Wellcome will focus completely on their client's affairs. They are highly motivated to succeed."Many observers believe Wellcome's management, also advised by Morgan Stanley, would also have held all significant exploratory talks with potential rival suitors to Glaxo within a week of announcing this strategy on 26 January.One industry source said: "Even if Barings went into administrative receivership, all it would mean for a counter-deal to the Glaxo bid is that the fact would be registered in the small print of a document It is an irrelevance.". ames Frederick Kingham, lawyer and lecturer: born 9 August 1925; called to the Bar, Gray's Inn 1951; Recorder, Nottingham City QS 1966- 72; Deputy County Commissioner, Hertfordshire Scouts 1971-80; Recorder 1972-73; Circuit Judge 1973-90; Liaison Judge, Bedfordshire 1981-90; married 1958 Vivienne Brown (two sons, two daughters); died 8 February 1995. Much of the work of Judge James Kingham, who served on the circuit bench from 1973 to 1990, involved him with children's cases, and he devoted a large proportion of his spare time to the concerns of young people, especially in the Venture Scout movement. He sat mainly as a judge of Luton county court, but also enjoyed his spells hearing criminal cases at the Crown Court in Bedford.

Wardship cases were theoretically heard in the High Court, but because of a chronic shortage of judges there, many of them were heard by circuit judges sitting as High Court judges. Kingham spent much of his time hearing wardship cases until the Children Act of 1989 came into force in 1991. Luton then became a care centre under the Act and he became the designated judge for all classes of children's cases. He was an ideal choice for this kind of work for two reasons.