Actually, if you want the shape to be smooth and accurate you have to vary the deductions made, depending upon the angle at which a particular section of the boat's planking and the form's sheathing cross the stations. This includes small variations in the amount deducted from specific spots on individual forms. For example, look at a station that's about 25% of the boat's length from one end, like one you might find near the bow seat on a tandem canoe. In this spot, the sides of the hull are tapering toward the stems. Assuming that our station forms are square to the strongback or keel line, the side planking is crossing the plane of this station form at an angle. If our canoe's ribs, planking and the planking on the canoe mold add up to say a 1" deduction, it will only be accurate in spots where the planks cross the stations squarely. If they cross the station at an angle, as they do here, more has to be deducted from the station. This is because a 1" thick board is only 1" thick if measured straight through, perpendicular to its surface. Measure its thickness at an angle and you will get a larger measurement. The greater the angle, the thicker the measured amount becomes and the more you need to deduct from your station form in that spot.
On the boat's bottom at that same bow seat station, there may be very little deduction needed. The sides may be tapering toward the stem, but the bottom generally won't be tapering nearly as much unless the boat has a lot of rocker. So for a typical canoe shape, a proper station in the bow seat area would likely have the "normal" 1" deduction along the bottom of the station where the planks will cross the station pretty squarely, and might have an extra 1/4" or so deducted from the topsides where the hull's taper is causing the planks to cross the station at an angle. Each station form will thus need deductions made from its shape which depend on the angles at which the ribs and planks of the canoe (and in this case, the thickness of the planking on the canoe form) will cross it. Failure to do this tends to make boats with humpy or wavy sides.
Confusing as it may sound at first, this is pretty standard, old-school boatbuilding. Designers draw boat plans to the outside surface of the hull, not to the forms required to build that hull. Making the proper deductions for the thickness of the forms, frames, ribs and planks that will eventually be the hull is the job of the builder - and doing so properly is what eventually makes the boat come out as an accurate representation of the original design. We might not really notice a big difference if a canoe came out 1" bigger all around than the design called for, but it might make a substantial difference on a big boat, with that extra hull volume throwing off a whole slew of rather important performance and safety calculations. In both cases, it can result in a hull that has wavy sides that aren't fair.
The thicker the hull, the more important this deduction work becomes. On a 1/16" thick fiberglass canoe, even if the glass crosses the plane of the form at a pretty severe angle, the deduction is small enough that you could probably ignore it. On a strip canoe that's 1/4" thick, you can usually start to see the shape distort in places if you don't make the variable deductions. By the time we get to the combined thickness of ribs, planking and the planking of the form itself for a wood/canvas canoe, it could be a big problem.
Traditional boat builders use a home-made gizmo called a bevel board to help determine how much to deduct in various spots from their station forms. It's certainly possible to recycle some stripper forms and build a w/c building form, but check the library for old boatbuilding books first and most will have a section where they discuss deducting for plank thickness and they will explain the process in greater detail and probably show how to make and use a bevel board. This is, by the way, one of those tasks that modern computers do very well. With good boat design software, you can specify the hull thickness and the computer can spit out the dimensions for accurate building stations with all deductions made (and in some cases even print or cut them out). It is still possible though, to do them the old-fashioned way with little more than some scrap wood and a pencil.