On this day: December 31

Published On: Dec 29 2012 04:25:41 AM CST   Updated On: Dec 31 2015 01:00:00 AM CST

Times Square holds its first New Year's Eve celebration, the board game Monopoly is patented, "Calvin and Hobbes" say goodbye, and the U.S. relinquishes control of the Panama Canal, all on this day.

OTD December 31 - Bebe Neuwirth
27 / 46
Ben Gabbe/Getty Images

1958: Actress Bebe Neuwirth, best known for playing Dr. Lilith Sternin on "Cheers" and "Frasier" and for her Tony-winning roles on Broadway, is born in Princeton, New Jersey.

Upload Photos / Videos