premise: Club Andino Bariloche is a mountaineering organisation based in San Carlos de Bariloche, in the Argentinian Andes. It was founded on the 13th of August 1931 by Otto Meiling, Emilio Frey, Juan Javier Neumeyer and Reinaldo Knapp, a group of friends who were exploring the region and making first ascents. Emilio Frey became its first president and continued in this role during 30 years.
hypothesis: Emilio Frey died as President of Club Andino Bariloche
reason: The statement only says that Emilio Frey  became its first president, it never says if he is alive or if he died when he was president.