The Collaborative International Dictionary of English v.0.48:

Alcoholize \Al"co*hol*ize\, v. t. [imp. & p. p. Alcoholized;
   p. pr. & vb. n. Alcoholizing.] [Cf. F. alcooliser.]
   1. To reduce to a fine powder. [Obs.] --Johnson.
      [1913 Webster]

   2. To convert into alcohol; to rectify; also, to saturate
      with alcohol.
      [1913 Webster] Alcoholometer