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Bishops, &c. may convey land to commissioners for sites of diocesan schools.
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26. And . . . it shall and may be lawful for every archbishop, bishop, dean and chapter, dean, dignitary, prebendary, or rector of any parish, or for any tenant in fee simple, tenant in tail, or tenant for life with remainder in fee or in tail general or special to his or her issue, or any of them, by deed to be enrolled in the High Court of Chancery in Ireland, to set apart and convey to the said commissioners and their successors, for the use of any diocesan or district school, any piece or parcel of ground, not exceeding two plantation acres, which may be agreed to be chosen or appointed as aforesaid for the scite of such diocesan or district school; and . such piece of ground so set apart and conveyed shall from thenceforth be the scite of such school; and . all and every piece or parcel of ground now held or used as and for the scite of any diocesan school, and which at any time hereafter shall cease to be used as such, shall stand and be vested in the said commissioners and their successors, who shall have power to demise the same for any term not exceeding thirty-one years without fine and for the best rent that can be reasonably got for the same; and to apply the rent thereof for the use of the school of such diocese or district, in such manner as they shall think proper; or to sell the fee and inheritance thereof, or such term or interest therein as shall be so vested in them, and to apply the purchase money in like manner.
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