On this day: December 31

POSTED: 02:25 AM PST Dec 29, 2012    UPDATED: 11:00 PM PST Dec 30, 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 - Monopoly patent
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U.S. Patent Office

1935: A patent is issued for the game of Monopoly assigned to Parker Brothers, Inc., by Charles Darrow of Pennsylvania (No. 2,026,082). The patent titled it a "Board Game Apparatus" and described it as "intended primarily to provide a game of barter, thus involving trading and bargaining" in which "much of the interest in the game lies in trading and in striking shrewd bargains." The company had already acquired all of Darrow's rights to the game and begun selling its version earlier in the year.

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