"I will and bequeath to the College of Rockwell Cashel Co. Tippery my fee simple landed property in Belvidere St. John's N.F.L.D. (value in rent for $102.07) agent James M. Kent Esq Q.C. for the education or part thereof of one of my next akin and should Rockwell College cease to be, the above yearly amount is to be transferred to the College of Mount Millway Co. Waterford Balance of cash remaining to be applied for the education of my next akin in Rockwell or other Institution of Education."