These videos show two examples of cutters used in printing facilities.
The first is for a manual cutter that more than likely predated the T206 set.
http://www.youtube.com/watch?v=s0JJajMda3w
The second is for a cutter run by an electric motor that is closer to what ALC would have been using.
http://www.youtube.com/watch?v=p5ABCCeZ8Wo