Different song - but I have heard a recording of a song (possibly recorded by the McNulty Family) with a chorus (it actually changes somewhat from repeat to repeat) that goes something like

Here's to me Grandfather Brian.
I wish he was livin', oh sure!
and everyday he'd be dyin'
and leave me ten times as much more.

The verses describe the several items that the singer inherited from her grandfather, consisting mainly of junk. Reminds me of the opening verse mentioned by the original poster.

Don