Place patterned scrapbook paper patterned-side down on a flat work surface. Flip the stool over so the seat is on the paper. Using a pencil, trace the shape of the seat. Cut out the scrapbook paper using scissors.
Measure how wide seat of stool is. Cut a square of the second scrapbook paper of that size.
Paint the sides of the stool seat in Lamp Black.
Sand the seat of stool and wipe away dust with paper towel. Apply a layer of Americana Satin Decou-Page to the top of the seat and the back of the first sheet of scrapbook paper. Position the paper and apply another layer of Decou-Page on top. Position the second sheet of scrapbook paper and apply a coat of Decou-Page to the surface. Apply the cut scrapbook paper square, smooth out wrinkles, and apply a second coat of Decou-Page to seal.
Using a 3/4" flat brush, paint the bottom legs of stool in Red Alert. Let paint dry completely between layers.
Position a monogram stencil as desired. (Shown: DecoArt Personally Yours Between the Lines Solid Stencil.) Using a cosmetic sponge, apply Lamp Black to the stencil.