[Elective 4-4: Polar Coordinates and Parametric Equations]
In the rectangular coordinate system $x O y$, the parametric equation of curve $C$ is $\left\{ \begin{array} { l } x = 2 \cos \theta , \\ y = 4 \sin \theta \end{array} \right.$ ($\theta$ is the parameter). The parametric equation of line $l$ is $\left\{ \begin{array} { l } x = 1 + t \cos \alpha , \\ y = 2 + t \sin \alpha \end{array} \right.$ ($t$ is the parameter).
(1) Find the rectangular coordinate equations of $C$ and $l$;
(2) If the midpoint of the line segment obtained by the intersection of curve $C$ and line $l$ is $( 1,2 )$, find the slope of $l$.