On this day: November 16

Published On: Nov 14 2012 10:50:45 PM CST   Updated On: Nov 16 2016 01:00:00 AM CST

Coca-Cola patents its iconic contoured bottle, Al Capone leaves prison, Harry Potter makes his movie debut, and Prince William and Kate Middleton announce their engagement, all on this day.

OTD November 16 - Federal Reserve Bank
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1914: The Federal Reserve Bank of the United States officially opens. The new central bank, and its 12 regional banks, was intended to serve as a formal "lender of last resort" to banks during panics when depositors try to withdraw their money faster than a bank could pay it out.

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