Abstract: A method and apparatus for high-speed and accurate cutting of cards from sheets, printed with an array of card layouts, moving along a unidirectional path. The apparatus includes rollers for initial accurate sheet feeding, a plurality of pairs of rotation members having common tangent points which serve to simultaneously advance a sheet in indexing motions and slit it along its leading edge, and a transverse cutting bar which cuts rows of cards across the slits. Each pair of rotation members includes a unidirectional driving anvil roller and an idling slitter disk. Continuous driving mechanism operates the apparatus. The apparatus for initial sheet feeding includes rollers feed sheets seriatim from a first leading-edge position to a second leading-edge position, hold them there until engaged by subsequent sheet-handling members, release them upon such engagement, and hold the next sheet in ready position while the released sheet is drawn past.