716. Persons bound by the mortgagee's account.

An account taken, whether in or out of court, between the mortgagee and the person immediately interested in the equity of redemption1 is prima facie binding on other persons interested2. Thus an account between mortgagee and mortgagor binds a second mortgagee3. An account taken in the presence of a bankrupt will bind him if he afterwards procures a reassignment of the property, even though his trustee was not a party