Last night I scribbled something as an idea based on MEQ5 configuration. For those members who may have difficulty in understanding the schematic I simplified the boost and cut sections of MEQ5 with a single inductor and capacitor network.
For the moment just ignore the inductor/capacitor networks. Also assume that the potentiometers are just single value resistors. So, what we have is a standard resistive voltage divider. The resistor which the signal is applied to is the high side, and the one connects to the ground is the low side.
On the boost section the high side resistor is greater than the low side. Which means the signal is subjected to a greater attenuation.
Now replace the high side resistor with a potentiometer and introduce the inductor/capacitor network. Bear in mind that at the frequency of interest the network impedance is lower than the potentiometer.
When VR1 is turned full to the right the network is shorted. So all frequencies are subjected to the same amount of attenuation set by the full resistive divider.
But as VR1 is turned to the left the lower inductor/capacitor network impedance starts to take effect and the frequency of interest follows the shorter path through the network and reaches to the output with an attenuation rate set by VR1, while the others have to go through the full resistive part of the voltage divider and receive the full attenuation.
On the cut it is opposite. The high side resistor is lower in value and the low side is higher. So the signal is subjected to less attenuation. Again when VR1 is turned full to the bottom the network is shorted and all frequencies receive the same amount of attenuation. But as the VR1 is turned up the low network impedance starts to take effect and the frequency of interest follows the shorter path through the network and to the ground, receiving greater attenuation.
The VR2 is a series resistor which increases/decreases the DC resistance of the inductor hence affects the Q of the network (as Jean mentioned previously).
Below is my scribble. I have introduced a push button switch (can be rotary) to change the function of the circuit. In normal position the circuit is on Boost mode and when the button is pressed it switches to Cut mode.
On Boost mode VR1 and R1 forms the resistive voltage divider with R1 being on the low side. VR2 is shorted.
On Cut mode VR1 and R1 swaps places. Now R1 is on the high side. R2 also enters the game and shunts R1, lowering its value. The impedance network now also wraps around VR1 on the low side. VR2 also joins in series and controls the Q.
I know I have two interesting valve based bandpass eq schematics. One is I think in Wireless World and unusually had the high cut (low pass) in the front but with a sweepable frequency using a 3 gang variable capacitor (for 3rd order). The other one is the service manual of a Krohnhite bandpass eq. Unfortunately all my archive is in boxes and trying to find them is going to take some time. But we can borrow some ideas and patch up some Frankenstein eq. I'll let Jeane to carry the brain though as he probably has steadier hands.