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 - Monkees
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NBC Television via Wikimedia Commons

1966: The Monkees' "I'm a Believer" hits No. 1 on the U.S. Billboard Hot 100 chart, where it would stay for seven weeks.

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