Story: "Night of the Butcher Act Two" (24 Pages)

Credits:

Matt Wagner and Stephen T. Seagle (plot, script)
Guy Davis (pencils, inks)
David Hornung (colors)
Heroic Age (color separations)
Gaspar Saladino (letters)
Karen Berger (edits)

Feature Character:

Sandman I

Supporting Characters:

Dian Belmont
Hubert Klein
Tony Burke
Robert Li (next in issue #41)

Villain:

The unnamed butcher (behind the scenes)

Other Characters:

Ella (first appearance; a friend of Dian's)
Nick Avasino (first appearance)
Regina "Gina" Argondezzi (first appearance; Burke's mistress)
Woolsey
Harvey
Canella (first appearance of all three; New York police officers)
Hiram (first appearance; dies)
Charlie (first appearance; a sewer worker)