Spring Framework bean wiring : Can we create multiple beans using same java class in Spring configuration file? [on hold]

Can we create multiple beans using same java class in Spring configuration file?

<beans ....
    <bean name="customeBeanInstance1" class="model.CustomBean">
        <property name="name" value="customBeanOne"/>
    </bean>  
    <bean name="customeBeanInstance2" class="model.CustomBean">
        <property name="name" value="customBeanTwo"/>
    </bean>  > 
</beans>

If yes, Then how wiring is going to work?

What is the practical use of such configuration?