The Collaborative International Dictionary of English v.0.48:

Bestud \Be*stud"\, v. t. [imp. & p. p. Bestudded; p. pr. & vb.
   n. Bestudding.]
   To set or adorn, as with studs or bosses; to set thickly; to
   stud; as, to bestud with stars. --Milton.
   [1913 Webster]