Green’s Dictionary of Slang

a highwayman.

c.1620		T. Randolph Drinking Academy 3: The Persons [...] Jack Bidstand a heigh-way man.
1863		(ref. to 17C) G.A. Sala Strange Adventures of Captain Dangerous II 225: Rogues, Thieves [...] Bidstands, and Clapper-dudgeons [...] infested the outskirts of the Old Palace.