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On this day: December 31

POSTED: 5:25 AM Dec 29 2012   UPDATED: 2:00 AM Dec 31 2013

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 - Guinness brewery
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Jamt9000/Wikimedia Commons

1759: Arthur Guinness signs a 9,000-year lease at £45 per annum for an unused four-acre brewery at St. James's Gate in Dublin, Ireland, and starts brewing Guinness.

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