  Baryon Chiral Perturbation Theory combined with the $1/N_c$ expansion is
implemented for three flavors. Baryon masses, vector charges and axial vector
couplings are studied to one-loop and organized according to the
$\xi$-expansion, in which the $1/N_c$ and the low energy power countings are
linked according to $1/N_c={\cal{O}}(\xi)={\cal{O}}(p)$. The renormalization to
${\cal{O}}(\xi^3)$ necessary for the mentioned observables is provided, along
with applications to the baryon masses and axial couplings as obtained in
lattice QCD calculations.
