<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-03-10</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000105532</issuerCik>
        <issuerName>WELLCO ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>WLC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001228517</rptOwnerCik>
            <rptOwnerName>CASTLEBERRY CHRIS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>358 INVERNESS DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WAYNESVILLE</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>28785</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former Executive V.P.</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>COMMON STOCK</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3500</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">THIS FORM 4 REPORTS THAT THE REPORTING PERSON IS NO LONGER SUBJECT TO SECTION 16, FORM 4 OR FORM 5 OBLIGATIONS DUE TO HIS
 RESIGNATION ON MARCH 10, 2006 FROM THE POSITION OF EXECUTIVE VICE PRESIDENT OF THE REGISTRANT.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>CHRISTOPHER S CASTLEBERRY</signatureName>
        <signatureDate>2006-03-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
[{"type": "4", "sequence": "1", "filename": "form4cc031006_ex.xml", "secsgml_size_bytes": 2471}]
X0202
4
2006-03-10
1
0000105532
WELLCO ENTERPRISES INC
WLC
0001228517
CASTLEBERRY CHRIS
358 INVERNESS DRIVE
WAYNESVILLE
NC
28785
0
0
0
1
Former Executive V.P.
COMMON STOCK
3500
D
THIS FORM 4 REPORTS THAT THE REPORTING PERSON IS NO LONGER SUBJECT TO SECTION 16, FORM 4 OR FORM 5 OBLIGATIONS DUE TO HIS
 RESIGNATION ON MARCH 10, 2006 FROM THE POSITION OF EXECUTIVE VICE PRESIDENT OF THE REGISTRANT.
CHRISTOPHER S CASTLEBERRY
2006-03-10