Guillotine paper cutter

Can guillotine cutters cut presicion depths of paper or just presicion sizes of paper?

In other words, I have 50 square sheets of paper bound together at one edge. If I can find a guillotine, can I cut it so that it will only trim a bit off the first 25 sheets (opposite the spine) without cutting the later 25?

Essentially I want the first 25 pages to be rectangles and the last 25 to be square. And I would like to do this without removing the bindings.


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